Top Wall Street Stories: Transocean Ltd. (NYSE:RIG), InfraREIT, Inc. (NYSE:HIFR), Halliburton Company (NYSE:HAL), Yahoo! Inc. (NASDAQ:YHOO), Rio Tinto plc (NYSE:RIO)

On 3 March, Transocean Ltd. (NYSE:RIG) said that, Offshore drillers struggling with plunging demand will start getting more work before they get more money.

Transocean Ltd. (NYSE:RIG) belongs to Basic Materials sector. Its net profit margin is -7.20% and weekly performance is 46.94%. On last trading day company shares ended up at $12.71. Transocean Ltd. (NYSE:RIG) distance from 50-day simple moving average (SMA50) is 25.74%.

InfraREIT, Inc. (NYSE:HIFR) announced that its board of directors declared a quarterly cash dividend of $0.25 per share of common stock, or $1.00 per share on an annualized basis, payable on April 21, 2016, to holders of record on March 31, 2016.

InfraREIT, Inc. (NYSE:HIFR) shares fell -12.43% in last trading session and ended the day at $16.70. HIFR return on assets is -0.20%. InfraREIT, Inc. (NYSE:HIFR) quarterly performance is -15.73%.

On 29 February, Halliburton Company (NYSE:HAL) said that, it is further reducing its global workforce by approximately eight percent or about 5,000 positions,” a company spokesperson said in a statement.

Halliburton Company (NYSE:HAL) ended the last trading day at $34.88. Company weekly volatility is calculated as 3.37% and price to cash ratio as 2.97. Halliburton Company (NYSE:HAL) showed a weekly performance of 6.90%.

Yahoo! Inc. (NASDAQ:YHOO) said that, its board reportedly plans to meet next week with one of the activist investors seeking a proxy fight for the board, which is under pressure to sell assets after CEO Marissa Mayer’s turnaround efforts failed to gain traction.

Yahoo! Inc. (NASDAQ:YHOO) shares increased 2.98% in last trading session and ended the day at $33.86. YHOO Gross Margin is 58.20% and its return on assets is -9.30%. Yahoo! Inc. (NASDAQ:YHOO) quarterly performance is -5.02%.

Societe Generale reaffirmed their buy rating on shares of Rio Tinto plc (NYSE:RIO) in a research report published on Thursday morning, Analyst Ratings Net reports. Societe Generale currently has a $29.71 price target on the stock.

Rio Tinto plc (NYSE:RIO) shares advanced 4.95% in last trading session and ended the day at $30.32. RIO return on assets is 5.50%. Rio Tinto plc (NYSE:RIO) quarterly performance is -2.93%.

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